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PRESS RELEASE: Accion Venture Lab Invests in RevolutionCredit
Accion, a pioneer and leader in financial inclusion, today announced an investment in the financial capability and behavioral-credit insight company RevolutionCredit, through Accion Venture Lab, a $10 million initiative dedicated to providing seed capital and management support to financial inclusion start-ups.
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10-year-olds can open and operate a bank account alone, says Reserve Bank of India
Children older than 10 years will no longer need the help of their parents or guardians to open and operate a savings bank account. To boost financial inclusion, the Reserve Bank of India (RBI) on Tuesday said that banks were at liberty to allow minors above 10 years to independently open and operate savings bank accounts.
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Building New Social Franchises Brick By Brick
We live in a time of big enterprises and big entrepreneurs. Corporate types have managed to position themselves in such way that their influence over the world is as unsurmountable as their products are in the market. And franchises are among the tools that have created this boom. Still, how far can this strategy be taken? Could it be leveraged by social entrepreneurship programs? The answer is: absolutely yes.
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Housing for the base of the pyramid in Brazil: a future without slums
7 key themes and messages to generate innovative and holistic approaches to making slums in Brazil a thing of the past
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- Investing, Uncategorized
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OPINION via Tony O. Elumelu: CSR as an anti-poverty instrument
In 2000, the United Nations made the historic announcement of eight Millennium Development Goals (MDGs). They were very specific and had a timeline of 15 years for delivery. Progress on most of these objectives has been encouraging, but as we look towards the next round of development goals, we must recognise how the world has changed since 2000.
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How millennials are driving the momentum behind impact investing
A generational shift happening, and it means only good things for those of us who are working to solve global problems. More individuals, many of them millennials, bring a strong sense of purpose to how they make their money, how they spend it, and how they invest it.
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- impact investing
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Acumen and Dow Chemical Advance Technical Assistance Initiative to Support Social Enterprises Across Africa
Acumen, with support from Dow, Unilever and Barclays hosts their second annual Technical Assistance (TA) Initiative Summit from May 5-7 in Nairobi, Kenya. The Summit is the second gathering in support of Acumen’s TA Initiative aimed at accelerating the development and distribution of crucial products and services in agriculture, water, sanitation and energy across East and West Africa.
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- Sub-Saharan Africa
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Mobile money boosts Econet revenues in Zimbabwe
Econet Wireless, the biggest telecoms firm in Zimbabwe, has 780,000 additional subscribers for the year-end to February, it said on Monday, while revenues have risen 8% to $752.7 million.
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- Uncategorized
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- mobile finance
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